Esther Tam
** ****** ******, ******, ************* 02170
617-***-**** ************@*****.***
SUMMARY
An experienced compliance analyst assistant manager with a focus on the
portfolios measurement of risk, Charles River conversion project, set up
new client accounts, SQL language writing and reviewing, Bloomberg and
portfolio market data reconciliation, client reporting, composing and
implementing controls and procedures.
EDUCATION
Suffolk University, Boston, September 2001
Bachelor of Business Administration, September 2001
Double Majors: Finance and Computer Information System; GPA: 3.20/4.00
Working towards CFA
EXPERIENCES
DEUTSCHE ASSET MANAGEMENT, BOSTON January 2010-
March 2010
Position: IRS Compliance Analyst Contractor, Equity and Fixed Income
. Responsible to prepare quarterly IRS compliance packages.
. Performed IRS testing for 90% qualifying income test (Section
851(b)(2)), 50% fund diversification test (Section 851(b)(3)(A)),
Section 817(h)(1) and other tax requirements.
. Identified IRS compliance issues and escalated the issues to the
compliance AVP in a timely manner.
. Reconciled the accounting data provide by custodians against with the
accounting data extracted from Charles River compliance system and
followed up issues with the custodians such as State Street Bank, JP
Morgan and Brown and Brothers Harriman.
STATE STREET BANK & TRUST COMPANY, HONG KONG November
2007- November 2009
Position: Senior Compliance Analyst, Equity and Fixed Income
. Responsible to provide exceptional client services and the clients
were from Korea, Singapore, Hong Kong and China.
. Monitored and reviewed pre and post trade activities.
. Performed investigation on exception items and prepared compliance
summary reports to clients. Responsible to follow up non-compliance
issues with portfolio managers until the issues are back to
compliance.
. Assisted to maintenance client issues log and handled client
enquiries until the issues are resolved.
. Assisted to maintenance employee performance log and reported to the
managers on monthly basis.
. Performed periodic compliance checking using Charles River compliance
system or by manual checking such as offline Excel or Macro program.
. Reconciled Bloomberg market data and portfolio data in Charles River
to ensure data integrity for the compliance daily operation.
. Handled 100% international funds
. Monitored different structure of international funds such as Unit
Trust Fund, Active Global Fixed Income Fund, Active Euro Fixed Income
Fund, High Yield Fund, Inflation-Linked Bond Fund, Global Sovereign /
Quasi-Sovereign Fund, Active US Fixed Income Fund, Derivatives Fund,
Foreign Currencies Fund, Global large-Cap Equities Fund, Balance
Fund, Money Market Fund, Tracker Fund and etc.
. Responsible to interpret investment guidelines and government
regulations. Prepared business specifications with all compliance
checking methodologies for the clients to sign-off.
. Amended and wrote some simple test rules coding on Charles River for
existing and new client's accounts that assigned by the managers.
. Provided 2nd level of review of all rules that are written on the
Charles River by the managers and perform the UAT (User Acceptance
Test) to reduce the risk of system failure.
. Checked with internal fund accountants in searching of accounts and
trading information. Checked with internal market data team in
searching of integrity of securities data that loaded into Charles
River.
. Participated in specialized projects such as Charles River
implementation project and Business Contingency Plan implementation
project.
. Covered various supervisory functions when necessary.
Esther Tam
44 Exeter Street, Quincy, Massachusetts 02170
617-***-**** ************@*****.***
BANK OF AMERICA / COLUMBIA MANAGEMENT, BOSTON April 2006
- November 2007
Position: Compliance Analyst, Equity and Fixed Income
. Responsible for the Columbia Management accounts.
. Monitored and reviewed pre and post trade activities.
. Handled 40% international funds and 60% domestic funds
. Monitored different structure of funds such as Columbia High Yield
Fund, Columbia International Balance Fund, Columbia California Inter
Muni Bond Fund, Corporate Bond Fund, Columbia Acorn Select Fund,
Columbia Small Cap Value Fund, Columbia Large Cap Index Fund, CMG Mid
Cap Value Fund, Money Market Fund and etc.
. Participated in specialized project such as Charles River
implementation project.
. Provided any relating exception details for escalation and further
investigation. Reported to senior compliance analyst any exception
details of investments noted from compliance reports.
. Reported to the portfolio managers for any exceptions and followed up
the issues until back to compliance.
. Responsible to interpret /review investment guidelines, prospectus,
U.S. government regulations and SAI.
. Monitored changes in the prospectus or SAI and confirmed that Charles
River has been appropriately updated.
. Participated in the research and prepared drafts of replies to
compliance related inquiries from business units.
. Prepared the Quarterly IRS compliance packages and reported to the
IRS. Familiarity with the Investment Company Act of 1940.
STATE STREET BANK & TRUST COMPANY, BOSTON May 2001 -
April 2006
Position: Senior Fund Accountant / Fund Accountant, Equity and Fixed
Income
. Client: Citigroup with 60% domestic funds and 40% international
funds.
. Monitored different structure of funds which are included High Yield
Bond Fund, Fund of Funds, Money Market Fund and etc.
. Calculated the daily expenses using Excel and posted the correct
amounts to MCH.
. Checked with the portfolio administrations to confirm all trade
activities and cash flows. Verified the trade blotters against trade
summary report to ensure all trades are posted correctly.
. Checked with Bloomberg for the corporate actions that were effective
on the date and calculated the correct amounts. Tied out the
calculation that posted in MCH by corporate action team.
. Responsible to post futures using DWS and calculated daily margin
using Excel.
. Performed Pre-NAV check / final price and assisted to provide pricing
navigator.
. Reported all NAVs to the client as well as NASDAQ in a timely manner.
. Monitored and provided 2nd level review of daily work of Fund
Accountants to ensure accurate timely calculation of Net Asset Value.
. Maintained monthly supporting schedules for all outstanding items, as
well as other records required for fund audits such as fund
segregation reports.
. Provided on the job training to new fund accountants and assisted new
fund accountants with attainment of understanding job
responsibilities.
SKILLS
. Proficient in Excel (Pivot tables, Vlookups, If statements, etc),
Word, Access, Bloomberg, Reuters, MCH, Charles River Development
compliance system, Portia compliance system, CM2 compliance
system, In~Sight reporting, Mystatestreet.com reporting.
. Analysis and review different type of securities, derivatives as
well as corporation actions such as T-bills, T-notes, CDs, CPs,
Repos, Time Deposits, MBSs, CMOs, ABSs, Muni bonds, Government
bonds, Government Agency bonds, Corp bonds, Common Stocks,
Preferred Stocks, Reits, Units, IRSs, IROs, CDOs, CDS, Forward
Contracts/ Spots, Futures, Options Put/Call, 144A securities,
Private Placements, Rights, Warrants, Exchange Offers and etc.
~ further information upon request ~